Trump did not approved increasing import tax from 7% to 25%. That would greatly benefit domestic uranium miners, such as Energy Fuels Inc. Trump did not approved simple tax, but called for a working group to evaluate and work with industry how to help domestic uranium miners, so USA would be more independent on their Uranium purchases, citing national security. 36% sell off is big overreaction, turnaround for 232 petition isn't what everyone expected, but it's not bad, it's quite positive actually. Meaning in 90 days, UUUU should at least once touch area 2.5-2.8 USD, if not because of fundaments, at least because of TA.
